Oireachtas Joint and Select Committees

Wednesday, 5 May 2021

Joint Oireachtas Committee on European Union Affairs

EU-UK Trade and Cooperation Agreement: Engagement with Mr. Barry Andrews, MEP

Photo of Seán HaugheySeán Haughey (Dublin Bay North, Fianna Fail) | Oireachtas source

I have just two questions that are slightly off the topic. If Mr. Andrews wants, he may answer them now, give an initial reaction or come back to me on them.

The first relates to the €750 billion recovery and resilience fund. Ireland is hoping to get €915 million from that. There are reports in the media that the European Commission has asked Ireland to step up action to tackle aggressive tax planning by multinationals, which raises the issue of corporate tax rates, digital taxation, etc. Has Mr. Andrews a view on where stands Ireland's application in the first instance and on the bigger issue of corporate tax rates, digital taxation etc.? We probably need a meeting all of its own to deal with that issue but I would appreciate it, were Mr. Andrews to give an initial reaction to it. Also, where stands the other fund, the Brexit adjustment reserve fund of €5 billion? Does Mr. Andrews know, at this stage, the position regarding Ireland drawing down money from it?

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